Giant REDD project Kariba left in limbo as investigation by Verra drags on
The future of a troubled REDD avoided deforestation project in Zimbabwe has been left in limbo six months after it was suspended from the Verra registry.
Read MoreUN special rapporteur calls for moratorium on voluntary carbon markets to stop human rights violations
The UN’s special rapporteur on the rights of Indigenous People has called for a moratorium on voluntary carbon markets to stop human rights violations.
Read MoreVCM Report: Creeping optimism in future of voluntary market fails to translate into higher prices
Optimism is creeping back into the voluntary market, although prices and liquidity were steady last week, and some standardized prices slipped lower from already very weak levels.
Read MoreSocial Carbon consults on upgrades to voluntary standard as it seeks to align with ICVCM
Social Carbon has opened a consultation on proposed updates to its standard for crediting voluntary projects, as well as the requirements for validation, monitoring, and verification, as it seeks to align with the Integrity Council for Voluntary Carbon Markets (ICVCM).
Read MoreIndia seeks exemption from UK’s CBAM -media
India is seeking an exemption from Britain’s planned carbon adjustment border tax (CBAM) as part of negotiations aiming to finalise a free trade deal with the UK, according to an exclusive in the Guardian newspaper.
Read MoreDrax firms up $600k offtake deal for BECCS credits in US
UK energy firm Drax Group has made another step in becoming a US leader in carbon removals through bioenergy with carbon capture and storage (BECCS) after firming up a reported $600,000 deal with an environmental consultancy.
Read MoreOff-grid solar company gets green light for large cookstove carbon projects in Africa
A project developer plans to distribute 600,000 energy-efficient clean cookstoves in Africa as part of a multi-million dollar grant to decarbonise the electrical grid in Uganda.
Read MoreGold Standard approves CDR methodology for biomass fermentation
Gold Standard has approved its first geological storage methodology as it steps into the carbon removal (CDR) sector that is starting to shift from a niche market into the mainstream.
Read MoreCorporations still paying a premium for highly rated nature-based credits, research finds ahead of CCP arrival
Corporations are still paying a premium for higher rated nature-based carbon credits, according to research by a rating agency ahead of the emergence of the first credits earning the ICVCM’s Core Carbon Principle (CCP) stamp of high integrity.
Read MoreVCM Report: SBTi spark fizzles out by end of week, voluntary carbon prices little changed, liquidity thin
Prices were little changed last week on low volume, but the Science Based Targets initiative (SBTi)’s sudden change of policy to allow qualifying voluntary carbon credits to be used to offset some corporate emissions could inject a surge of investment and interest in the voluntary market.
Read More